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How Wealthy Americans Are Keeping Car Dealerships Afloat

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While the average Americans have a hard time paying their loans or getting new ones, automakers and dealers are posting record profits. And it’s all thanks to the rich. In the past five years, the share of people buying cars above $50,000 have increased by several-fold. Chasing the rich is the new growth strategy in many industries, including autos. Watch the video to learn more about how this shift happened and why economists warn it’s risky.

Chapters:
00:00 Introduction
01:26 Chapter 1: The data
04:26 Chapter 2: Tilting toward the rich
09:03 Chapter 3: Concerns

Producer: Robert Ferris
Editor: Evan Lee Miller, Darren Geeter
Animation: Josh Kalvin, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional footage: Cadillac, Chevrolet, Ford, Getty Images, Honda, Hyundai, Kia, Lucid, Mercedes-Benz, Nissan, Porsche, Rivian, Stellantis, Toyota, Volkswagen

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Why Wealthy Buyers Suddenly Dominate Car Sales In The U.S.

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How SpaceX’s IPO Is Testing Retail Investors

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SpaceX is expected to go public at one of the richest IPO valuations in market history, with retail investors set to receive unusual access through platforms like Robinhood and Charles Schwab. CNBC spoke with five retail traders and investors about why they requested SpaceX IPO shares despite concerns over valuation, volatility, Elon Musk, Starlink, AI infrastructure, launch services and whether public-market buyers could become exit liquidity for early investors.

Chapters:
0:00 Introduction
1:36 Why this valuation is hard to judge
4:13 The short-term traders
6:55 The long-term believers

Produced by: Charlotte Morabito
Reporting by: Sean Conlon, Yun Li
Edited by: Andrea Miller, Macklin Fishman
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Shawn Baldin
Additional Footage: Getty Images

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Why Retail Investors Are Betting On SpaceX’s Massive IPO

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Big Challenges Ahead For Meta AI Chief Alexandr Wang After A Rocky First Year

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A year after Meta’s $14.3 billion bet on Alexandr Wang, the company finally has its first proprietary AI model, but remains behind OpenAI, Anthropic and Google. High-profile hires from rival labs made headlines, but so did layoffs, key departures, and a year of widespread internal conflict and low morale. With Meta’s stock down 19%, the pressure is now on Wang and Zuckerberg to prove the bet was worth it. CNBC’s Julia Boorstin explores what Meta is up against as it attempts to generate real revenue beyond ads.

Reporter: Julia Boorstin
Produced by: Stephen Desaulniers
Edited by: Andrew Evers
Animations: Jason Reginato
Senior Director of Video: Jeniece Pettitt
Additional Footage: Getty Images, Meta

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Big Challenges Ahead For Meta AI Chief Alexandr Wang After A Rocky First Year

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What To Expect From Trump’s Trip To The G7 Summit In France

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President Trump is set to travel to France for the upcoming G7 summit, which will take place from June 15-17. Markets will be watching for signs of stability as the summit takes place against the backdrop of the Iran war, the Russia-Ukraine war and tensions between the U.S. and Europe over tariffs. CNBC’s Megan Cassella breaks down what to expect from the summit.

Reporter: Megan Cassella
Produced by: Macklin Fishman, Ashlee Trujillo
Edited by: Andrea Miller
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images

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What To Expect From Trump’s Trip To The G7 Summit In France

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SpaceX IPO: Here’s What Retail Investors Need To Know

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Retail brokerages are lining up to offer SpaceX shares to retail investors who are salivating to buy day one of trade. However, any investor who is thinking of flipping the stock and making a quick buck may want to think twice. Fidelity and Charles Schwab have implemented anti-flipping policies ahead of the historic IPO. CNBC’s Seema Mody analyzed other high-profile IPOs, and explains what is unique about SpaceX, to find out what to expect.

Reporter: Seema Mody
Produced by: Drew Troast
Edited by: Erin Black
Senior Director of Video: Jeniece Pettitt

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SpaceX IPO: Here’s What Retail Investors Need To Know

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Why Ford Is Making A $5 Billion Bet On EVs

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Despite a massive slowdown in EV adoption, Ford Motor is continuing to move forward with its next generation of EVs. Ford’s continued confidence, albeit at lower and slower rate than it previously projected, comes from its “Universal Electric Vehicle,” or UEV platform, which the company has developed from a clean-sheet design. Ford’s goal for UEV is to be profitable and cost-competitive with global EV leaders from China and Tesla. The UEV is expected to be critical to Ford transforming its Model e EV unit from billions of dollars in annual losses to breakeven by 2029. The company has said its future EVs will be profitable within a year of launching. The first planned product based on the UEV is a roughly $30,000 midsize pickup truck for the U.S. market next year, followed by a family of vehicles underpinned by the platform.

Produced by: Juhohn Lee
Reporting by: Michael Wayland
Camera by: Andrew Evers
Edited by: Natalie Rice
Senior Director of Video: Lindsey Jacobson
Additional Footage: Ford

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Ford’s $5 Billion Bet On Winning The EV War

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